As Stocks Plunge, Swedish Central Bank Holds Extraordinary Meeting, Says Will “Instantly Intervene” If Necessary

Monday, January 4, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/04/2016

Markets have started 2016 with a healty dose of turmoil, and so many were wondering how long – and who – would be the first central bank to intervene in either directly or verbally in markets. Moments ago we go the answer when Sweden’s Riksbank announced it has held an extraordinary monetary policy meeting in which it took the decision required to be able to “instantly intervene on the foreign exchange market if necessary, as a complementary monetary policy measure, to safeguard the rise in inflation.”

The Rest…HERE

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